Markets Right Now: Tech stocks pull US indexes lower

FILE- In this Aug. 21, 2018, file photo screens above trading posts on the floor of the New York Stock Exchange show the NSE logo. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, Sept. 4, 2018. (AP Photo/Richard Drew, File)

NEW YORK (AP) — The latest on developments in financial markets (all times local):

11:50 a.m.

U.S. stocks are lower as technology and health care companies take losses.

Facebook lost 2.5 percent Tuesday and drugmaker Amgen lost 2 percent.

JD.com fell 5.5 percent after the CEO of the Chinese e-commerce company was arrested in Minneapolis on suspicion of criminal sexual conduct. JD.com said Richard Liu returned to China after his release.

Amazon became the second U.S. company to reach $1 trillion in market value. Later it traded slightly below that mark, up 1.1 percent.

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